About VPL Chemicals Private Limited
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VPL Chemicals Private Limited is a private limited company based in Bangalore, Karnataka, India, a subsidiary of Symbio Generrics India Private Limited. It operates in the API manufacturers segment of the pharmaceuticals sector. It was incorporated on 26 November 1999 and has been in existence for over 27 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U24100KA1999PTC025992. Its GSTIN is 29AABCV1467C1ZF (Karnataka). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹49.9 Lakh. It is led by directors Salim Sadiq Shaikh and Akash Suresh Puranik.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Bangalore, Karnataka.
As per the financials filed for FY 2025, the company reported a revenue of ₹57.32 Cr, a growth of 23% compared to the previous year. For the same year it recorded a net profit of ₹2.59 Cr (net margin 4.5%) and EBITDA of ₹6.3 Cr (EBITDA margin 11%). Revenue has grown at a compounded annual rate (CAGR) of 59% over three years and 26% over five years.
The company has about 62 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹30 Cr and satisfied charges of ₹22.46 Cr on record. Court records list 7 cases involving the company, including 3 filed by the company and 4 filed against it; 4 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website vplchemicals.in.
Company details
CIN history
VPL Chemicals has one previous CIN (Corporate Identification Number): U24222KA1999PTC025992. The current CIN is U24100KA1999PTC025992, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U24100KA1999PTC025992 | Current |
| U24222KA1999PTC025992 | Previous |
Contact details
VPL Chemicals Private Limited's registered office is in Bangalore, Karnataka. Its website is vplchemicals.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressSree Veerabhadreshwara Swamy Enclave No. 1215 24th Main 11th Cross Hsr Layout 1st S, Ector, Bangalore, Karnataka, India – 560102
- IndustryPharma, API Manufacturers
To see the full contact details of VPL Chemicals Private Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Business activity
The main business activity of VPL Chemicals is manufacturing. In detail, this covers chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C6 | Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products |
To see the full business activity and turnover split of VPL Chemicals Private Limited, buy the company report.
Financials of VPL Chemicals Private Limited
FY 2024 filings availableVPL Chemicals Private Limited reported revenue of ₹57.32 Cr (up 23% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 26% over five years, including 23% growth in the latest year. EBITDA rose 56% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹6.3 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹2.59 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 11% | ||||
| Net Profit Margin | 4.5% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of VPL Chemicals Private Limited, buy the company report.
Board of directors of VPL Chemicals Private Limited
VPL Chemicals has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Salim Sadiq Shaikh Also directs: Copernicium Pharmaceuticals Private Limited, Sequent Penems Private Limited, Anveta Therapeutics Private Limited and 5 more | Director | 30 Jun 2022 | 4 Years 4 Months | Current |
| Akash Suresh Puranik Also directs: Copernicium Pharmaceuticals Private Limited, Sequent Penems Private Limited, Symbio Generrics India Private Limited and 1 more | Director | 30 Jun 2022 | 4 Years 4 Months | Current |
Peer comparison
VPL Chemicals Private Limited is compared with the 7 companies closest to it by revenue in the Pharma industry (Formulations), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Stedman Pharmaceuticals Private Limited | ₹57.77 Cr (FY 2024) | 9.0% | Chennai, Tamil Nadu, India | |||
| And Healthcare Limited | ₹57.48 Cr (FY 2024) | 24.0% | Mohali, Punjab, India | |||
| Alna Biotech Private Limited | ₹57.47 Cr (FY 2024) | 3.0% | Chandigarh, India | |||
| Accretion Pharmaceuticals Limited | ₹57.47 Cr (FY 2025) | 329.0% | Sanand, Gujarat, India | |||
| VPL Chemicals Private Limitedthis company | ₹57.32 Cr (FY 2025) | ₹2.59 Cr | 4.5% | 23.0% | 62 | Bangalore, Karnataka, India |
| Alidac Pharmaceuticals Limited | ₹57.16 Cr (FY 2019) | -60.0% | Matoda, Gujarat, India | |||
| Samrat Remedies India Private Limited | ₹57.12 Cr (FY 2024) | 29.0% | Mumbai, Maharashtra, India | |||
| Micropure Parenterals Private Limited | ₹56.66 Cr (FY 2025) | 37.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of VPL Chemicals Private Limited, buy the company report.
Auditor
VPL Chemicals Private Limited is audited by M O J & ASSOCIATES for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M O J & ASSOCIATES | FY 2024 | 015425S |
Shareholding
The shareholding of VPL Chemicals Private Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of VPL Chemicals Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 02 Feb 2023 | 100685320 | Others | ₹30 Cr | Open | |
| 31 Mar 2018 | 100172700 | State Bank of India | ₹5.47 Cr | Satisfied | |
| 24 Dec 2010 | 10266275 | Others | ₹8.95 Cr | Satisfied | |
| 21 Dec 2010 | 10285953 | State Bank of Mysore | ₹7.95 Cr | Satisfied | |
| 24 Jan 2006 | 80060782 | State Bank of Mysore | ₹3.75 Lakh | Satisfied |
To see the full charge records of VPL Chemicals Private Limited, buy the company report.
Total charge records: 6 View all charges
Legal cases
VPL Chemicals Private Limited has 7 court cases on record: 3 filed by VPL Chemicals, 4 filed against it. 4 cases are pending and 3 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 2 | 2 |
| High courts | 3 | 2 | 2 |
Cases on record (5 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Karnataka | Appeal | Filed against the company by The State of Karnataka | Pending |
| High Court of Karnataka | Appeal | Filed against the company by an individual | Pending |
| District court, South West, Delhi | Criminal case | Filed against the company by M/S Delius Pharmaceuticals and Anr. | Pending |
| District court, South West, Delhi | Civil suit | Filed against the company by M/S Delius Pharmaceutical Private Limited | Pending |
| High Court of Karnataka | Writ petition | Filed by the company against The State of Karnataka | Disposed |
To see the full case history of VPL Chemicals Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
VPL Chemicals Private Limited has 1 MSME Form 1 return on record for the period ending Mar 2024, listing 110 overdue payments to 22 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 22)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Ad Pharma Equipment Private Limited | |||
| an individual supplier | |||
| Euro Tech Pack | |||
| Nuvanijaya Online Services Private Limited | |||
| Mahadev Pharmaceuticals |
To see the full MSME payment records of VPL Chemicals Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
VPL Chemicals Private Limited has a workforce of 62 employees on its EPFO records as of Mar 12, 2025, across 1 active EPFO establishment.
GST
VPL Chemicals has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AABCV1467C1ZF | Karnataka | Active | 01 Jul 2017 |
| 29AADCV0267A1ZL | Karnataka | Active | 03 Feb 2021 |
To see the full GST registrations and return filing status of VPL Chemicals Private Limited, buy the company report.
Recent activity
VPL Chemicals Private Limited has 6 board changes on record since 2012: 2 appointments and 4 cessations. The latest: Akash Suresh Puranik was appointed as Director on 30 Jun 2022.
13 earlier events are in the company report.
Frequently asked questions
VPL Chemicals is an active private limited company based in Bangalore, Karnataka, India. The company works in api manufacturers, within the pharma industry. It was incorporated on 26 November 1999 (27+ years old) and is registered under CIN U24100KA1999PTC025992.
VPL Chemicals has 2 current directors:
- Salim Sadiq Shaikh - Director
- Akash Suresh Puranik - Director
The latest financial statements of VPL Chemicals on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of VPL Chemicals is 29AABCV1467C1ZF, registered in Karnataka. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 29AADCV0267A1ZL (Karnataka).
The CIN (Corporate Identification Number) of VPL Chemicals is U24100KA1999PTC025992. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
VPL Chemicals has 7 court cases on record: 3 filed by the company and 4 filed against it. 4 are pending. Most are in the district courts.
VPL Chemicals was incorporated on 26 November 1999, making it 27+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of VPL Chemicals by revenue are Stedman Pharmaceuticals Private Limited, And Healthcare Limited, Alna Biotech Private Limited, Accretion Pharmaceuticals Limited, Alidac Pharmaceuticals Limited and 2 more, all in the Pharma industry (Formulations), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products).
Akash Suresh Puranik was appointed as Director on 30 Jun 2022. Patil Sasidhara Gowd ceased to be Managing Director on 30 Jun 2022. Salim Sadiq Shaikh was appointed as Director on 30 Jun 2022. VPL Chemicals has 6 board changes on record in total.
VPL Chemicals has 1 MSME Form 1 return on record for the period ending Mar 2024, listing 110 overdue payments to 22 micro and small suppliers. The latest return was filed on 30 Apr 2024.
VPL Chemicals can be reached through the website vplchemicals.in. Its registered office is in Bangalore, Karnataka, India.
The registered office of VPL Chemicals is at Sree Veerabhadreshwara Swamy Enclave No. 1215 24th Main 11th Cross Hsr Layout 1st S, Ector, Bangalore, Karnataka, India – 560102.
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